However, his home isn't doing so well. Bought in 2007 for over $1 million, George's house is now up for foreclosure auction at about $1 million after he deliberately missed payments.
And he didn't even know.
From The Tennessean:
“I was on the phone (Thursday) with IndyMac and was not told our loan was in immediate foreclosure, nor have we received any additional information from the lender indicating such,” Larry Goodman, George’s accountant said. “The loan modification process in our country is difficult at best, and this is another example of it. … We’re not trying to walk away from anything. They love living there, it’s a great house. Like anybody else who buys an expensive house, it flipped on him.”
According to report, George is financially stable, so he isn't like other athletes who have gone broke.
Josh Dhani is the founder of FootBasket. He also contributes at Hoops Authority and Eight Points Nine Seconds. You can read more about him at his website. Follow him on Twitter @joshdhani.
